Black Bart real estate didn’t show signs of slowing down during this quarter. In fact, the median and average home prices continued to increase. This neighborhood usually doesn’t have a high volume of sales throughout the year as it is somewhat smaller, however, closed sales were up 150%. The median sold price for Black Bart real estate is now up 7% and the average is now up 11.8%. Homes for sale stayed the exact same, but pendings were up 14.3%, new listings were up 12.5%. Month supply is up 25% at 1.50. This is still incredibly low. A balanced market needs a 6 month supply. Median days on the market is up 16%. If you want a home in this area, be sure to keep a close eye and jump on anything that comes available.
|Black Bart Market Comparison||2017||2016|
|Number of Sales||10||4|
|Median Home Price||$382,500||$355,000|
|Average Home Price||$402,350||$359,750|
|Average List to Sale Ratio||95.8%||97.7%|
|Average Dollar Per Square Foot||$271||$270|
|Median Days on the Market||109||94|